870 R.I. Code R. 870-RICR-20-00-3.7

Current through December 3, 2024

Section 870-RICR-20-00-3.7 - Application

A. The Applicant shall file an Application in the form prescribed by the Corporation and available on the Corporation's website. The Application shall require, at a minimum, that the Applicant provide the following information:

1. the name of the Applicant and contact information for the individual(s) primarily responsible for oversight and management of the Application;

2. the Applicant's federal and State tax identification numbers;

3. the requested Grant amount;

4. a statement of work for the Applicant's Project, including a detailed description of the following:

a. services to be provided to Rhode Island Small Businesses;

b. businesses to be served by growth stage and industry;

c. anticipated outcomes; and

d. the outreach and marketing approach to reach the intended audience;

5. a projected budget and budget narrative for the Project;

6. biographies of key staff members;

7. descriptions of any external organizations that the Applicant intends to partner with on the Project, including a description of the governance of any such organizations;

8. a description of the amount of the Match being contributed to the Project; for a Match of in-kind services, the Applicant shall include a valuation of the services to be provided together with a detailed explanation of the valuation method, and evidence appropriate to substantiate such valuation;

9. a description of the Applicant's previous outcomes and effectiveness in endeavors similar to the Project, which may include third-party evaluation, information tracked by the Applicant, testimonials, and other such information;

10. a description of how the Applicant will monitor the effectiveness and impact of the Project;

11. a delineation of any other federal, State or municipal incentives, grants, tax credits, or other aid that will or may be received or requested by the Applicant in relation to the Project;

12. and such other information as the Corporation deems appropriate.

B. An Applicant may be charged a one-time, non-refundable application fee by the Corporation. The Corporation shall annually publish a fee schedule on its website commencing on or before December 31, 2015.

870 R.I. Code R. 870-RICR-20-00-3.7